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in the u.s. we'll head out to new york city later in the show for a preview of what to expect on wall street today. and more than 2,000 hand picked chinese delegates gathered at the great hall of the people to kick off the communist party week long transition. beijing will only officially reveal the next generation leaders thursday. hu jintao promised political and economic reform, but he stressed china won't abandon one party rule and will stick to the socialist path. eunice is live for us. this is his big final speech, so reading in sort of between the lines almost is very telling. it's the legacy he's trying to cath. and what less gassy is that? >> many here believe what he is saying is significant in that it is his final farewell. he really was just reading through the work report to talks about the achievements, the economic and political achievements that the party has had. and also to outline the future challenges. one of the first challenges you had already addressed is the issue of corruption. he said the government needed to do more to root it out. >> eunice, we're having tr
one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we know this is one of the hartest hit areas. with you tell us how extensive the damage is? >> all of those popular summertime vacation communities are cut off from society. and there are stand reminders, bits of people's lives ripped to shreds. people here beginning a third day without power. millions of people throughout the state have no power. they are really getting ready to get back to life as normal. many walking around just wanting to get over to the jersey shore, those that have being a straighted, straigh to see w
to the flooding of new york city's subway system and tunnels. also power outages. new york will bear most of the costs white the rest goes to other states. >> combination of tax hikes and government spending cuts, business groups including fortune 500 ceos and u.s. chamber of commerce affecting the best particles to solve the issue. >> we know your attention is really focused today. one more sorry perhaps you want to leave people with? >> one more story before we go. the bunnies are coming to indiat to leave people with? >> one more story before we go. the bunnies are coming to india to leave people with? >> one more story before we go. the bunnies are coming to india. the country's first playboy club. but no short shorts. the club's operator says the iconic waitress bunny costumes will be redesigneded to meet indian sense abilities. the first clubs will open. >> your focus is short shorts. focus on a different are tkind shorts. the regulations have huge implications. people will be able to know which henk fudge funds have sho and why. >> there will be a lot more jobs discussion. we hope
friday, the day after thanksgiving. but for consumers in the new york city area, finding that perfect holiday gift may not be the first thing on their minds. they're continuing to clean up after hurricane sandy. before the storm struck, a majority of chains were fairly confident about the holidays expecting sales to be the same or better than last year. joining us now is executive vice president of the retail council of new york. ted, good morning. we spoke with you last just after the storm. and your sense wasn't clear yet as to what the impact would be. and that ben foit a home dae poe and the other suppliers or would it hurt results for retailers broadly speaking. do you have anymore clarity on the issue today? >> i think going into the holiday season, it's always neb's guess how it will go. this puts such a huge unknown into an already unknowable factor. and i think as you just mentioned as the home improvement stores will probably do a little bit better particularly in the new york city long island new jersey westchester areas, simply because it's a fact of life down there now an
.s. government for at least 30 billion in aid to help new york city and other areas recover from hurricane sandy. the new york sometimes suggest cuomo aids suggest the state needs more than 3 billion just to repair bridges, tunnels, subway lines. sandy is has estimated to have cost more than $50 billion in damage. president obama is expected to view the recovery efforts on thursday. lk ahead martin's incoming ceo has resigned after he had a close personal relationship with a subordinate. he will now be replaced by huson who will take on the role of acting president and coo. all three major defense contractors have women at the helm. lockheed martin stock flat. >>> and aeg is teaming up with stub hub. aeg is the owner of more than 100 venues worldwide including the staple center los angeles. starting next year, customers shopping for tickets on the service will be able to buy or sell them through stub hub, and online ticket resaler. stub hub charges commissions on each sale and the stock in frankfurt down around a third of a percent. >>> and president obama will be doing a lot of talking about th
. people say it has helped relieve tensions. >> and commuters in to new york city face a long haul. three new jersey transit lines, one long island railroad line and the path train remain fully or partially suspended. yo majority of the subway system will be back, but amtrak still has flooding in two of its tunnels under the east river. >>> the eve of the u.s. elections is upon us and the race for the white house couldn't be any tighter. the final nbc "wall street journal" poll shows president obama beating mitt romney by a 48% to 37 hrs m 47% margin. the two men are within 0.2% of one another. they'll be crisscrossing the country today in a final push. joining us for more is tim stanley, historian at oxford university and author of a biography of pat buchanan titled the crusader. tim, welcome. this piece is nelgts partisan nor mad to predict a romney victory. mitt still has the x factor. >> i think that's true. there are some people who say it's just impossible now because of obama's lead in ohio 37 but if you look at one or two new polls that have come out, which significantly have been
york city have to check their number plates before they pump gas. the mayor says based on license plates ending in odd or even numbers, drivers will be allowed to fill their tanks on alternative days. three quarters of gas stations remain closed due to super storm sandy. and in the last few minute, drinks giant has signed a deal to control spritz for $2 million. joining us is the ceo before paul, good to see you. thanks for joinings us. i presume you you now have to make an offer to all the shareholders. >> we are required to do a mandatory tender offer in the market which we will embark upon upon appropriate clearances. >> what is this company going to give you that you don't already have? >> first of all, this company has fabulous brands in the premium local category. it also has a very strong route to market. so it is the leader in the market and as you said, we'll have controlling interest. >> did this basically happen because united spirits owner needs cash? king fish airlines has been grounded by heavy debts. >> i think they see the mayor receipt in what we're trying to crea
set today in new york. the 82-year-old company announced friday it was closing after failing to get wage and benefit cuts from thousands of striking bakery workers. now, this move means that most of its 18,000 employees will lose their jobs. several third parties have expressed interest in buying assets, so twinkies may find a second lease in life. >>> someone else looking at snapping up assets a snoop dogg or snoop lion as i guess he's known now. he's setting his sights on scott land's celtics soccer team. the avid sports fan told the scott tesch daily record he first noticed the club after it defeated barcelona earlier this month. snoop doc doesn't envision himself running the team, but he would like to invest enough to have a seat on the board and have his voice heard to bring a bit of snoop to things. >>> the final movie in the twilight series sank its teeth into the competition topping the u.s. weekend box office with an estimated $141.3 million. that makes it the eighth best opening all-time. but breaking dawn part 2 still came up just shy of the best debut for the franchise b
Search Results 0 to 7 of about 8